Malaz Capital announces its acquisition of a significant stake in Ram Medical Clinics to improve healthcare in KSA
The Malaz Financial Company has acquired a significant stake in Ram Medical Clinics, a company operating in the healthcare sector in the Kingdom of Saudi Arabia, specializing in dental and dermatological care clinics.
A statement issued by Malaz clarified that the acquisition was made through the Malaz Financial Opportunities Fund for the Saudi healthcare sector, a privately owned fund licensed by the Capital Market Authority.
A portion of the investment will be utilized to support and expand the company’s operations.
Ram Medical Clinics is being prepared for its initial public offering (IPO) on the main Saudi stock market, Tadawul.
Hassan Al-Jishi, CEO of Malaz Financial Company, stated, “The fund’s investment in Ram Medical Clinics reflects the growth opportunities in the healthcare sector. This investment will empower Ram Clinics to enhance its position and add value through its partnership with Malaz Financial, contributing to achieving its objectives and boosting the growth of this promising sector.
The role of private equity funds aligns with the goals of Vision 2030 in enabling the private sector to play a key role in enhancing the attractiveness of diverse investment opportunities.”
Dr. Mazen Al-Masri, CEO of Ram Medical Clinics, expressed satisfaction with the partnership, stating that it would enable the company to benefit from significant growth opportunities in the Saudi market, providing more job opportunities and reinforcing its leadership in the vital healthcare sector.
Malaz Financial’s General Manager of Private Equity and Real Estate Investments, Mohammed Wahbi, highlighted that the investment aims to support Ram Medical Clinics’ expansion strategy across the Kingdom, offering distinguished services with the highest quality and the latest global technologies to sustain exceptional medical services as per Vision 2030.
Aaron Muralidharan, Head of Private Equity at Malaz Financial, emphasized that the acquisition of a stake in Ram Medical Clinics represents a significant investment for the company.
He expressed anticipation in working with the management team to support their expansion efforts and usher in a new phase of growth that enhances their market position.
The Saudi market provides promising investment opportunities in healthcare due to its rapid growth and adoption of cutting-edge technologies.
Malaz Financial’s investment in Ram Medical Clinics aligns with its strategic goals to support the private sector in the Kingdom, enhancing local content, quality, and competitiveness.
Malaz Financial is a specialized company in managing private equity and real estate investment funds, licensed by the Capital Market Authority in Saudi Arabia since 2009 (License No. 36-09136).
The completion of the investment deal followed the issuance of required regulatory approvals. Malaz Financial manages diversified investment funds in private equity and real estate.
Ram Medical Clinics, established in Al-Khobar in 2006, has expanded its operations, employing over 500 physicians across various medical specialties, particularly in dentistry.
Currently serving over 1.5 million patients through more than 28 branches across Saudi Arabia, the company adheres to international quality standards in patient care, safety, and sterilization, alongside providing the latest dental, dermatological, and laser technologies.
